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Susan
Susan has four children and her husband is working abroad. She did not have the opportunity to enter college due to financial constraints, and did not even experience entering high school. Susan has made this experience from her own childhood her inspiration to succeed with the business she now has so she can provide a better way of living for her children.

Susan is engaged in a retail business selling grocery items and beverages. She is wanting to borrow a loan of PHP 20,000 to buy grocery items like canned goods, noodles, powdered milk, coffee and sugar. She hopes to sell more items and increase her income. Susan will prioritize her children's school allowances with the profit she produces from her business.

Additional Information

About Alalay sa Kaunlaran, Inc.

This loan is made possible by Alalay sa Kaunlaran, Inc. (ASKI), which means “a partner in development.” ASKI has been in operation for 25 years and runs multiple successful initiatives in addition to microlending. Its main microfinance branch focuses on lending to microentrepreneurs, small farmers, and fisher folk. ASKI also provides microinsurance and marketing support for borrowers, as well as educational programs to develop the skills of both borrowers and staff. The ASKI Foundation funds community development projects such as a daycare feeding program and scholarships for children. ASKI Global helps overseas Filipinos develop entrepreneurial and financial skills to maximize the impact of remittances.

ASKI’s motto is “Together, let’s make things happen!” Join ASKI's Kiva Lending Team or view its website.

Tags

About Philippines

  • $7,000
    Average annual income
  • 1254
    View loans »
    Philippines Loans Fundraising
  • $57,883,475
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Susan to buy grocery items like canned goods, noodles, powdered milk, coffee and sugar.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 22, 2014
Listed
Jun 20, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014